Boyertown Soccer Club

All 2011 expenses have been satisfied by year end and the club is current with all accounts and vendors.

Expenses in 2011 sustained upwards pressure from continued increase in costs of services provided by outside entities to the club.  Examples of these increses are:

• Referee fees generally have an annual increase of a few dollers per game.  However, when added up over the total number of teams, the increase becomes considerable - especially with teams using three-man systems.
• Fuel price increases impacted both mowing and rental equipment servicing.  Many of our vendors pass on increased fuel costs through surcharges.  Increases in prices of diesel fuel has had an especially negative impact.

In the face of this contined expense pressure, the BSC Board of Directors has worked to maintain relatively tight financial controls to ensure good use of our funds.  A sizeable capital development fund is being built up to apply to the construction of new facilities.

As we look to next year, expect price increases from outside vendors to continue to take their toll.  The new Director of Coaching position, an exciting development for BSC, also will add substantially to our expenses but will also be of great benefit to both our players and coaches.

End Of Year Balances

National Penn Checking

Funds standing in the Club checking account at year end totaled $71,555,62 broken out as follows:

• TOPSoccer Account  $644.00
• TOPS Gear Escrow  $10.56
• Intramural Account  $9750.25
• Travel Account  $6933.42
• Travel Uniforms Escrow  $97.58
• Travel Fees Escrow  $126.50
• Travel Teams Holding Account:  $408.00
• Special Events Account  $1298.04
• Training Account  $700.00
• Sponsorship  $4655.39
• General Fund  $3476.71
• Capital Development  $40915.00
• Advance Intramural Registrations  $2579.40          

National Penn Savings

Money in savings totaled $18850.33 consisting of $2774.56 in the Club savings account plus $16075.77 in various certificates of deposit.

Scholarship Account

Balance in the Joyce Kratz Memorial Scholarship Fund stands at $692.00.

Respectifully submitted,

Jason Fox, Treasurer, Boyertown Soccer Club

2011 Actual Income (all amounts in dollars)

2011 Actual Expenses (all amounts in dollars)

2012 Anticipated Expenses (all amounts in dollars)

This page is designed to provide the public with information related to the club's finances.  Feel free to contact us with any questions that you might have.